European growth keys improvement in first six months.
Latest In Fasteners
More shops within customer facilities helps distributor increase engagement.
The group reports strong growth in Southern Europe and in Germany.
This article is part of MDM's 2016 Distribution Trends Special Issue. It provides a quick look at key trends affecting the fasteners distribution sector.
The annual feature was researched and written by MDM based on interviews with dozens of distributors, industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this issue.
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Profit increased 16.7 percent year-over-year to $189.4 million.
Vending allows company to grow, despite weak economy.
Acquisition expands company's presence in Kentucky, Indiana, Ohio.
Sales growth in Europe, despite weak demand in Switzerland.
Acquisition expands companys presence in the Southeast and Central Mexico.
Acquisition expands Sherex's portfolio of engineered solutions.
Acquisition helps company expand fasteners presence in Canada.
Sales to manufacturing customers improve 1.5 percent.
Daniel C. Snow named executive vice president and chief supply chain officer.